Vizsla Silver (NYSE:VZLA) Now Covered by Analysts at National Bank Financial

National Bank Financial initiated coverage on shares of Vizsla Silver (NYSE:VZLA) in a research report released on Thursday morning, MarketBeat.com reports. The firm issued an outperform rating on the stock.

Vizsla Silver Stock Performance

Shares of VZLA opened at $1.71 on Thursday. Vizsla Silver has a 52-week low of $1.07 and a 52-week high of $2.40. The firm has a market cap of $476.67 million, a price-to-earnings ratio of -171.00 and a beta of 0.85. The business’s fifty day moving average is $1.94 and its 200-day moving average is $1.90.

Institutional Investors Weigh In On Vizsla Silver

Hedge funds have recently made changes to their positions in the stock. Accredited Investors Inc. acquired a new position in shares of Vizsla Silver during the third quarter worth $30,000. Tidal Investments LLC bought a new position in Vizsla Silver in the third quarter valued at about $38,000. Sanctuary Advisors LLC acquired a new stake in shares of Vizsla Silver during the third quarter valued at about $37,000. Virtu Financial LLC bought a new stake in shares of Vizsla Silver during the third quarter worth about $81,000. Finally, Quantbot Technologies LP raised its holdings in Vizsla Silver by 142.9% in the 3rd quarter. Quantbot Technologies LP now owns 47,717 shares of the company’s stock valued at $92,000 after buying an additional 28,072 shares during the last quarter. 22.46% of the stock is currently owned by institutional investors and hedge funds.

Vizsla Silver Company Profile

Vizsla Silver Corp. engages in the exploration, and development of precious and base metal assets. The company explores for gold, silver, and copper deposits. It owns 100% interest in the Panuco Project covering an area of 7,189.5 hectares located in located in southern Sinaloa, Mexico. The company was formerly known as Vizsla Resources Corp.